by George Simpson | Oct 26, 2023 | Business News
Central Bank Digital Currency Is Coming. Will It Benefit or Harm You? – Professional Tax Services A Central Bank Digital Currency (CBDC) is soon coming to America. CBDCs are a form of digital currency similar to cryptocurrency except it will be issued by the...
by George Simpson | Sep 29, 2023 | Business News
Our Monetary System: Will Its Sustainability Soon Come to an End? Professional Tax Services The Federal Reserve has been trying to prevent the collapse of our banking system for many years by trying to band-aid rather than solve the inherent problems within our...
by George Simpson | Aug 24, 2023 | Business News
Climbing Interest Rates – Professional Tax Services The Federal Reserve has continued to raise interest rates in an attempt to curtail inflation. Rising interest rates also diminish burrowing, which in turn decreases the nation’s money supply. This leads to a...
by George Simpson | Jul 25, 2023 | Business News
Cryptocurrency Tax Obligations – Professional Tax Services Chances are many of you have recently entered the cryptocurrency market or are considering it. Unfortunately, cryptocurrency transactions are taxable. Thus, we feel it imperative to ensure those of you...
by George Simpson | Jun 27, 2023 | Business News
Inflation, FDIC and Bank Failures – Professional Tax Services The rate of inflation over the past several months has caused concern for many Americans regarding the stability of our banking system. A higher percentage of Americans have moved some savings from...
